§ 116-198.34. General powers of Board of Governors. - North Carolina Statutes

§ 116‑198.34. General powers of Board of Governors.

The Board may exercise any one or more of the following powers:

(1)        To determine the location and character of any project orprojects, and to acquire, construct, and provide the same, and to maintain, repair,and operate, and to enter into contracts for the management, lease, use, oroperation of all or any portion of any project or projects and any existingfacilities.

(2)        To issue revenue bonds as hereinafter provided to pay all orany part of the cost of any project or projects, and to fund or refund thesame.

(3)        To fix and revise from time to time and charge and collectrates, fees, rents, and charges for the use of, and for the services furnishedby, all or any portion of any project or projects.

(4)        To establish and enforce, and to agree through anyresolution or trust agreement authorizing or securing bonds under this Articleto make and enforce, rules and regulations for the use of and services renderedby any project or projects and any existing facilities, to provide for themaximum use of any project or projects and any existing facilities.

(5)        To acquire, hold, lease, and dispose of real and personalproperty in the exercise of its powers and the performance of its dutieshereunder and to lease all or any part of any project or projects and anyexisting facilities upon such terms and conditions as the Board determines,subject to the provisions of G.S. 143‑341 and Chapter 146 of the GeneralStatutes.

Notwithstanding G.S. 143‑341 and Chapter 146 ofthe General Statutes, a disposition by easement, lease, or rental agreement ofspace in any building on the Centennial Campus, on the Horace Williams Campus,or on a Millennial Campus made for a period of 10 years or less shall notrequire the approval of the Governor and the Council of State. All otheracquisitions and dispositions made under this subdivision are subject to theprovisions of G.S. 143‑341 and Chapter 146 of the General Statutes.

(6)        To employ consulting engineers, architects, attorneys, accountants,construction and financial experts, superintendents, managers, and such otheremployees and agents as may be necessary in its judgment in connection with anyproject or projects and existing facilities, and to fix their compensation.

(7)        To make and enter into all contracts and agreementsnecessary or incidental to the performance of its duties and the execution ofits powers under this Article.

(8)        To receive and accept from any federal, State, or otherpublic agency and any private agency, person or other entity donations, loans,grants, aid, or contributions of any money, property, labor, or other things ofvalue for any project or projects, and to agree to apply and use the same inaccordance with the terms and conditions under which the same are provided.

(8a)      To designate the real property and appurtenant facilities tobe included as part of the Centennial Campus, the Horace Williams Campus, or aMillennial Campus.

(8b)      Acting on recommendation made by the President of TheUniversity of North Carolina after consultation by the President with theChancellor and the Board of Trustees of a constituent institution, to designatereal property held by, or to be acquired by, a constituent institution as a"Millennial Campus" of the institution. That designation shall bebased on an express finding by the Board of Governors that the institutiondesiring to create a "Millennial Campus" has the administrative andfiscal capability to create and maintain such a campus and provided further, thatthe Board of Governors has found that the creation of the constituentinstitution's "Millennial Campus" will enhance the institution'sresearch, teaching, and service missions as well as enhance the economicdevelopment of the region served by the institution. Upon formal request by theconstituent institutions, the Board of Governors may authorize two or moreconstituent institutions which meet the requirements of this section to createa joint Millennial Campus.

(9)        To do all acts and things necessary or convenient to carryout the powers granted by this Article. (1987, c. 336, s. 1; 1998‑159, s. 3; 1999‑234, s. 5; 2000‑177,s. 6.)